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GREAT BEND TRIBUNE More By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism. Ask Rusty: Should I wait until age 70 to claim? Social Security Matters Dear Rusty: I have read your answers to the commonly asked question of “When should I claim social security benefits.” You always say one should wait as long as possible (up to age 70) to get the maximum monthly benefit. But I have not seen you address the matter of all the money you could have collected if you start...

Dear Rusty: It is common knowledge that over the decades politicians have taken billions if not trillions of dollars out of the Social Security fund to finance other government programs. This information is never published or addressed and having the government repay this money back to SS is never discussed, as it seems to be the most logical solution. When the SS program is financially viable again, future changes to the program can be discussed in a more meaningful way. Signed: Informed Senior Dear Informed: I’m afraid that what you refer to as “common knowledge” is actually ...

Dear Rusty: I lived and worked in the United Kingdom prior to coming to the US at age 45, which qualified me for a UK State Pension worth the equivalent of about $740 US dollars per month. Since moving to the US I have contributed to the US Social Security system for 14 years and my estimated US Social Security benefit is $1,643 per month. I have heard about something called “WEP” and must be honest and say I don’t fully understand. Can you provide some advice or references so I can understand what happens to these sums when I retire? I don’t have any other pension income,...

More By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism. Ask Rusty – Social Security Matters 12-16-20 Should I Claim Social Security At Age 62? Dear Rusty: I’m looking for information about retiring and starting my Social Security very soon at age 62. I’m not sure if I want to do it because I’m not sure if I can. Can you help me figure this out? Signed: Hesitant   Dear Hesitant: I know it can be daunting trying to figure out whether and when to claim your S...

RUSSELL GLOOR: Ask Rusty - Will my U.K. pension affect my Social Security? Russell Gloor, Guest columnist FacebookTwitterEmail 2of2 Dear Rusty: I lived and worked in the United Kingdom prior to coming to the U.S. at age 45, which qualified me for a U.K. State Pension worth the equivalent of about $740 U.S. dollars per month. Since moving to the U.S. I have contributed to the U.S. Social Security system for 14 years and my estimated U.S. Social Security benefit is $1,643 per month. I have heard about something called “WEP” and must be honest and say I don’t fully understand. Can you pro...